x i Data Table Rd 700 units Units produced and sold Sales price Direct materials $300 per unit 53 per unit 63 per unit 22 per unit Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs 12,950 per month 50 per unit 4,450 per month Fixed selling and administrative costs 0 Requirements 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income statement using the traditional format. Print Done Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Unit product cost